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Ontario
Guelph (Clairfields/Hanlon Business Park)
19 GIBBS CRESCENT

$1,069,900

19 GIBBS CRESCENT, Guelph (Clairfields/Hanlon Business Park), Ontario, N1G 5B6

QuickQuote^TM: $861K - $1.2M

MLS® # X12005623

3+3 Beds

3 Baths

FEETSQ sqft

Property Information:

LEGAL DUPLEX PRIME SOUTH-END LOCATION! This solid brick bungalow is nestled in a highly sought-after South-end neighbourhood and features a LEGAL 2-bedroom basement apartment a fantastic opportunity for investors or multi-generational living. The main level boasts a bright and spacious layout, including a well-appointed kitchen with granite countertops and ample cupboard space, seamlessly open to the inviting living room. Hardwood flooring, a charming fireplace, and sliding doors leading to an upper deck showcase stunning views of the lush green space behind the home.This level also includes three generous bedrooms, including a large primary suite with a 4-piece ensuite, a formal dining room, a laundry room, and an additional 4-piece bathroom. Plus, the main unit enjoys extra space in the basement, featuring a large recreation room and an additional den, bedroom or storage area. A separate entrance leads to the bright walk-out basement apartment, offering an open-concept kitchen and living room, two spacious bedrooms, a 4-piece bathroom, and in-unit laundry. The fully fenced backyard includes a gate providing direct access to Gosling Gardens Park and its scenic walking trails, a rare and peaceful retreat! This versatile home is perfect for first-time buyers, investors or buyers looking for one level living. Conveniently located near HWY 401, top-rated schools, restaurants, shopping, a movie theatre, and short drive to the university of Guelph! (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fireplace: Yes
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: All

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3+3
Bathrooms: 3
Irregular: Yes
Lot Depth: 108.3 Feet
Lot Frontage: 40.0 Feet
Lot Size: 40.03 x 108.27 FT
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 3

Courtesy of: M1 Real Estate Brokerage Ltd

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Potential Investment Performance

Cumulative ROI

89.7%

Cumulative Market Appreciation

$295,593

Net Operating Income in Year 5

$37,085

Cash on Cash Return in Year 5

-5.4%

Assumptions

Market Appreciation Per Year

Rent Increase Per Year

Expense Increase Per Year

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price	$
Down Payment %	$213,980
Mortgage Amount	$855,920
Mortgage Payment %	$4,441

Cash Flow Calculator

monthly

yearly

Income
Gross Rental Income Powered By	$
Vacancy Rate %	$
Other	$
Gross Operating Income	$3,809

Operating Expenses
Management Fees %	$
Property Tax	$
Repair Reserve %	$
Insurance	$
Total Operating Expenses	$1,105
Net Operating Income	$2,703

Debt Service
Mortgage Payment	$4,441

Net Cash Flow	-$1,737

Cap Rate

3.03%

Acquistion Costs

Down Payment $213,980

Land Transfer Tax $17,873

Legal Fees $1,500

Adjustments $0

Appraisal $500

Total Acquisition Costs $233,853

Components of Return

Potential Returns

	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
Investments
Down Payment	$213,980	-	-	-	-	-	-	-	-	-
Closing Costs	$19,873	-	-	-	-	-	-	-	-	-
Mortgage Paydown	$13,317	$13,957	$14,628	$15,331	$16,068	$16,840	$17,649	$18,498	$19,387	$20,319
Total	$247,170	$13,957	$14,628	$15,331	$16,068	$16,840	$17,649	$18,498	$19,387	$20,319
Cash Invested	$247,170	$261,127	$275,755	$291,086	$307,154	$323,995	$341,644	$360,143	$379,530	$399,849

Rental Cash Flows
Rent and other income	$45,708	$47,079	$48,492	$49,946	$51,445	$52,988	$54,578	$56,215	$57,902	$59,639
Operating Expenses	-$13,265	-$13,592	-$13,927	-$14,270	-$14,623	-$14,984	-$15,355	-$15,735	-$16,125	-$16,525
Mortgage Payment	-$53,292	-$53,292	-$53,292	-$53,292	-$53,292	-$53,292	-$53,292	-$53,292	-$53,292	-$53,292
Net Cash Flow	-$20,849	-$19,804	-$18,727	-$17,616	-$16,470	-$15,288	-$14,069	-$12,812	-$11,515	-$10,178

Returns
Property Price Appreciation	$53,495	$56,169	$58,978	$61,927	$65,023	$68,274	$71,688	$75,272	$79,036	$82,988
Mortgage Paydown	$13,317	$13,957	$14,628	$15,331	$16,068	$16,840	$17,649	$18,498	$19,387	$20,319
Net Cash Flow	-$20,849	-$19,804	-$18,727	-$17,616	-$16,470	-$15,288	-$14,069	-$12,812	-$11,515	-$10,178
Total Return	$45,962	$50,322	$54,878	$59,642	$64,621	$69,826	$75,269	$80,958	$86,908	$93,128
Cumulative Return	$45,962	$96,284	$151,163	$210,806	$275,427	$345,254	$420,523	$501,482	$588,390	$681,519

Investment Metrics
Cumulative ROI	18.6%	36.9%	54.8%	72.4%	89.7%	106.6%	123.1%	139.2%	155.0%	170.4%
Cash On Cash	-8.4%	-7.6%	-6.8%	-6.1%	-5.4%	-4.7%	-4.1%	-3.6%	-3.0%	-2.5%